Member Info for Cocobeans

Poor outcome from that drilling programme. Out that behind and move on to blue mountain

The tax losses is interesting again—— they expect to confirm the deal in coming weeks—- no chance anything until Jan 2nd week BUT they must have the best lawyers in the world if they think they will conclude a complex legal agreement within 1 week of potentially looking at the structure.

If you’re naive enough to think this will happen, make sure you sell 3rd week of Jan.

If you have ever worked on a commercial transaction before, get ready for the extended period once more.

I’ll come back 31st Jan- see what’s what

BBN- good luck with your investment here- ill come back in Feb and we will see whats what

HAGC

My point is the company need to focus on execution. Talking the talk and walking are two different things

the options are excessive and should be overlooked, additionally i think the premium was a red herring to try and build some "ohh they must be confident" additionally they dont expire if they leave, so for the future, they have secured a price and an excessive amount, anyway we will agree to disagree there

the buyers are in the drivers seat on tax losses but again lets not overlook the regulatory burden this will have on ECR. AIM will need to be involved, as they cannot agree a deal without the consent or agreement of the regulator as they could end up in a tricky position, giving more power to the buyer.

its not a simple deal of we sell, you buy, there are a huge amount of third parties that need to be consulted and thats why im saying that no deal with be inked or agreed anywhere near Jan regardless of how many meetings they have, as any structure will need to be presented to third parties and they wil take their time (not ECR fault) but thats the world we live in!

id manage expectation here, is all im saying

for now, they should simply focus on Blue mountain and moth ball everything else other than their chats on tax losses, alebit that is a side bet and id suggest not as fruitful in near term as they suggest

BBN the widths are terrible and the grades depletes- spending money on this is wasteful and it feels they are trying anything to "generate news"

the way the placing was handled was a disgrace, they ramped it on "excitable" languange

then backtracked started, the tax losses deal structure will take months and any execution longer

lets not forget the £750k of options given to the insiders, which is excessive to what they have ACTUALLY achieved

on that point, a year on, they have diluted shareholders and not delivered anything substantial other than a lot of positive waffle

spin and spin, its from the Lenigas book of trying to build liquidity

company needs to deliver something for shareholders in Q1 or Mikes goodwill with his insider mates will wear very thin

GL

LOL

wider it went the worse the grade

He has traded this stock over and over again, the guy hold nothing long term.

he wont openly say it but given all his trades are mainly SB he doesnt have the ability to hold these things long term due to the volatility

dont believe what anyone says- he is almost as bad as that Tops guy on twitter- all day traders or short term traders - compounding 10-30% (nothing wrong with it)

You guys are amateur, I suggest you learn how the market works, how orders are worked and matched and then we can debate

For now, orders are in with the market to sell into admission of shares

Selling as they cannot afford to settle hence the RNS delaying admission

See todays worked sell!!

WG. Just announced a contract with BP, their directors bought £3m two weeks before

I’ll give you another 50 examples if you like.

Nonsense

Its a free option to buy in th efuture yes BUT £250k each- thats excessive regardless if they have to buy them or not

equally, it feels like they are just throwing premium numbers out there to speculate the mugs who say "they must know something is coming" LOL

learn the rules

They have money to buy other shares- why should they have free options of THAT amount of shares!

they have no delivered £750k of free share option value, regardless of what is said, thats a joke amount!

Lenigas ish

FOR these wide boys BUT they are asking YOU to put in your hard earnt cash and TRUST them

if they are so cinfident, why arent they buying open market or putting into the placings, the ramper used to put his money into all sorts of placings, so why not support a company he is actually ramping sorry running?

Yes those buying might just say, well if it gets to 0.50 - i dont care

but if it goes to 0.15 you lost and they havent! they dont have any skin in the game!

£500K + of free stock

do they really deserve that amount of stock regardless of price?

this is a job for the boys and they are laughing here as they arent putting in their own money, they are making money via consultancy contracts and are gifting themselves hundreds of thousands of pounds of stock

this reminds me so much of HARL, £250k of stock options at 0.5p - lol

Axis needed longer to settle- pretty obvious- read the RNS.

Cant flip as the price is 0.33 and they put in money they cannot afford

great book building by the wonderful mike

Is delisting

they loose £1m a year and the cash they have is the clients ring fenced money- ie not corporate money, so they havemt brokem company momey vs ring fenced client money down

be careful here as the market wont want the shares back that you buy

But the pre placing ramp was terrible form

mike confirmed today that they been approached but wrong size amount and worng levels before, well it would be as there was no pre placing promote!

thats what was so poor here- then after the ramp, placing and securing that , they then reverse the ramp the very next day!

clever for them as secured their jobs for another year, but 3 placings in the year and no actual money in from "sale of assets" i think it shows that they have actually delivered very little other than a monthly promote of !something happening"

good luck but eyes open

You have to take a chance to be able to explore the deal, the potential buyer maybe happy to waste a few 100k on fees to explore, ECR cannot afford to waste money, thats the difference

have to remember in this case, its the buyer that holds all the cards here, not ECR, yes ECR may conclude not to deal on certain terms but it only makes it harder for future conversations, a structure of a deal cannot be agreed without AIM involvement as if they dont approve it, the deal doesnt go anyway, its super complex and i feel SH should simply discount that altogether but ECR bod would rather pump that - its a complete outside chance of landing in 2025 imo

once said without liquidity you have nothing on aim, ******* and co needed liquidity as they know the tax losses are sub 5% chance of coming in

they need to pay for all the expensive trips and work programmes somehow

the issue many of you should have is the bod simply done what they done to dilute and they will do it again and again, ******* is a flipper of stocks by nature, he "knows" what to say and to which people

liquidity is all they need to keep the story going

the isnt a cat hell in chance that any transaction is happening in jan, they need to call an shareholder meeting regardless, but the change of company structure will tak eaim 3-6 -9 months alone to approve

not really sure how people think its realistic but suppose those that just put in £950k at 10% higher than todays bid might "need" to ensure this doesnt collapse

pack of cards this, wait to see how strong the foundations are